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that you described where you are arriving and first see him in the apple orchard, do you remember exactly where that is? >> i'll page through it and see where it is. i might do a short theme where i describe what he looks like and this perfect them. >> if you want to revert to your texas voice. >> the last time i saw my brother, we had an immense fight. it was in his house in san antonio, i am describing, the book opens with this fight. this is sort of a picture of my brother at this exact moment. there are always apples around him, women, too. apple pie, big sheik antique bowls of wooden apples, read and golden, apples pencils, produce framed on the library wall, texas vegetables from the rio grand empire. i am an american first, then a texan he would say not understanding he sounded like auggi march. the clues are there, i later realized. a man's fate is his character. you always have to show off and tell us what you know, carl said. i'll be in washington next week i say. i have an interview, i have to close of peace. you promised me, you said you would stay away from washington state.
>> stick with the refiners. >>> more "fast" at 5:00 p.m. tonight. one second away from apple's announcement on "power lunch." >> we interrupt our normally scheduled broadcast to bring you this important announcement. >>> and we welcome you to power lurch. i'm sewer herrera. my partner today is simon at the nyse because tyler's on assignment today. >> the big day is finally here. if you own an apple product, if your family buys apple products, if you own the stock, are considering owning the stock or if you own a mutual fund, and who doesn't, be with us for the full hour as apple now shows off its new product line. >> highly anticipated, certainly, that's an understatement. that's why we have brian sullivan outside the conference hall in san francisco. we have a very sophisticated system designed to bring you the latest news and pictures as they happen. so brian, what are we expecting? >> this is going to be a big time event here. maybe we need a giant sledgehammer to smash a screen a la 1984. here's how this is going to work. this is why i walked all the way out here last nig
into a payday for investors? don't miss cramer's exclusive with a company's ceo. and, later, rotten apple? the tech has been a driving force behind the market's move higher. but could it all be coming to an end? tonight, cramer takes a bite out of the technicals to find out if apple's run is done or just begun on an all new edition of off the charts. plus, seeing red. software supplier redhat has been making green for investors in 2012 but after reporting, the stock's in the red. is this your opportunity to buy or should the open source powerhouse no longer get your tip of the hat? cramer's earnings exclusive with its ceo just ahead. all coming up on ""mad money." don't miss a second. follow jim cramer on twitter madtweets. send jim an e-mail to or give us a call at 1-800-743-cnbc. miss something? head to om capital, olaf's pizza palace gets the most rewards of any small business credit card! pizza!!!!! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle fo
to learn the apple business. i have my files like a reporter. i realize i am treating my brother as if he was a source. i just wanted him to like me. i wanted to impress him. i had to do that little sister thing. the first rule was, put yourself into their world. the second part of this was understand how difficult it is and don't wait for a crisis, because the fact is, if you have this strange relationship with a sibling, you are already in kind of a crisis. you may not recognize it and maybe comfortable and okay with it, but it isn't perfect. the best predictor of happiness and long term happiness is to have good relationship s with your family and friends. the 3rd aspect is try to see your sibling as they are not as you would like them to be. going to the apple country was huge for me. again, i am embarrassed to say, 15 years i had never been once with. this is a lunatic thing my brother is doing with these apples. when i sailed down this huge area of fruit country, imagine after 9/11, apple country at harvest, thousands of acreage, beautiful skies. i got tears. it was like america the
losses felt right now in spain. our road map this morning starts with apple. five million is the number. five million sold during the first weekend of sales but that was short of expectations. down about 15 bucks a share after retailers were given a handful of phones for launch day. >> another beat estimates and this time it is lennar. meanwhile, the earnings for k.b. homes was beat. >> some wonder whether it may be time to take the money off and sit out the are rest of the year. >> welcome aboard, united health care. make yourself at home. unh replaces kraft whose new name is really, really weird. >> yeah. >> mondalese. it's very unusual. meantime, apple announcing they sold more than five million iphones in just three days but that's less than the eight to ten million expected. apple expect the iphone 5 to be available in more than 100 koush countries by the end of the year. it's very for giving of this first quote/unquote miss on the sales number. >> when you can't find one, when you go to your verizon store and they don't have it, it tends for me to think, well, listen, i have to co
turning into a payday for investors? >> don't miss it. >> and later, rotten apple? >> the technohas been a driving force but could it be coming to an end? >> tonight kramer finds out if apple's run is done for just begun on a new edition of off the charts. plus seeing red. redhat has been making green for investors in 2012. after reporting the stock is in the red. should the open source powerhouse no longer get your tip of the hat. that is just ahead all coming up on "mad money." >> don't miss a second of "mad money." follow at jim kramer on twitter. have a question? tweet kramer, hash tag at tweets. call us at 1-800-743-cnbc. miss something, head to "mad mone money". when you take a closer look... the best schools in the world... see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... they can inspire our students. let's solve this. ♪ [ male announcer ] introducing a reason t
>> this is n.b.r. >> tom: i'm tom hudson. susie is off tonight. apple's expected to debut the i- phone 5 tomorrow. it may be technology's next big thing, but its influence extends well beyond apple. from freight to fashion to semiconductors-- three major bellwethers have warned recently about their financial forecasts. is corporate profit growth cracking? and another warning about the fiscal cliff-- find a solution or risk a lower credit rating for america. that and more tonight on nbr! in less than 24 hours, we'll get our first peak at apple's new phone, dubbed iphone 5. expectations are high it will offer everything from a larger screen to a panoramic camera. nevertheless, shares of apple dipped slightly today in advance of the announcement. and, as suzanne pratt reports, all investors should be watching how the stock performs. >> reporter: it's known as the "apple effect." apple's stock is up; so is the broader market. apple shares fall; major averages drop, too. the world's most valuable company makes up nearly 5% of the s&p 500 index. thanks to apple's huge gain this year,
on steroids plus put a -- plus, how apple's new iphone may be proving how bad our may be proving how bad our economy is doing right - ♪ o beautiful ♪ for spacious skies ♪ for amber waves of grain ♪ for purple mountain majesties ♪ ♪ above the fruited plain - ♪ america! ♪ america! - ♪ god shed his grace on thee ♪ - ♪ on thee - ♪ and crown thy good with brotherhood ♪ - ♪ from sea to shining sea >> cheryl: two big victories for the food police this week. mcdonald's announcing it will be posting calorie counts on all of its menus nationwide, that starts on monday. new york city is banning lots of places from selling super sized sodas and other sugary drinks. jonathan, you think the food police will be bad for the economy, bad for jobs. i know you hate it. you got to hate it. >> it frightens me. first of all, there is a direct economic impact. think about all the hundreds of thousands of dollars that's going to be caught to print up the new signage, comply with these new completely arbitrary laws and the fact that new york is passing that asinine beverage sign ban when
with its mapping feature spoil profits for apple? >> tom: i'm tom hudson. mitt romney releases his 2011 tax return. he paid an effective tax rate of just over 14%. >> susie: and the tax return highlights the debate over americans who contribute to the economy and people who take government handouts. we look at the campaign debate of the makers versus the moochers. >> tom: that and more tonight on "n.b.r." >> tom: a new phone and a new record high stock price during the day for apple. die hard fans lined up at apple stores worldwide to be among the first to get their hands on the new iphone 5. by one estimate, lines were almost twice as long compared to the wait for the last version. but un-characteristic for an apple product launch. there are growing complaints about one of the device's biggest changes. its maps. erika miller reports from new york. >> reporter: in a predictable ritual, apple fans camped out overnight to get their hands on the new iphone 5. many are loyal apple fans, eager to upgrade: what features are you most excited about? >> the screen-- the larger screen, the camera, i
leave to be the iphone 5. melissa and lori, take it away. lori: we will see if apple can maintain its leadership status in this area. apple's big event kicking off in moments. we're expecting a new iphone, your screen, faster service, new connector. joining us from the unofficial apple weblog. apple is the largest holding of all stocks in this client portfolio. speak to a lot of people use pandora internet radio on the iphone but competition is getting tougher. reports apple could be moving in. talking to the cofounder later this hour. melissa: serious news, the middle east unstable as ever. a shocking attack in libya, an attack that claimed the lives of ambassador chris stevens and three members. melissa: time for stocks first every 15 minutes onl on the flof the new york stock exchange or nicole petallides as always is standing by. nicole: the euro moving to the four-month highs. the top court ruling in germany basically says they will back the euro zone, will be there for the emergency fund. protected for more money, so that is basically the understanding. our market here at ho
brenner, fantastic apple guy, expert on opera, he was an alpha romantic figure, flew a plane, looked like harrison ford, many lady friends, wine lover connoisseur. why did i think of him as this difficult person and why did he see me as this is his perception, which of course, i am perfectly willing to say that is me, put the mirror up. miss know it all, expert, his perception was that little sister always trying to get attention. this is pathetic, we'd get together and fight over everything. it was like we were back fighting in the backseat of the car. first time i went to the apple orchards, we had a huge fight about how to pick his fruit. i was bruising the apple. you are bruising my fruit. it was pathetic. you get stuck in that role playing because you are stamped with children with the roles. >> the character we see in this thing most of the time is pretty objectively difficult, not just somebody who is always irritated at his sister, but somebody mean, who has made his mother sad and angry and reaction to most things is sour and hostile. how much of that did you end up feeling was y
the trajectory of google versus apple. two stocks that define the stalled market. on a day where the dow finished 21 points lower, s&p sank 2.22%, and the nasdaq declined .60%. apple today failed to take out its all-time high, except this all-time high came three days ago. down $9.30. in stark contrast to the fresh high made by its plus-$700 neighbor google. fresh high, fresh high after multiple years. of course this $700 hook is just a device to capture your attention. as google is worth about 245 billion while apple at 691 is worth 648 billion. remember, the actual dollar price doesn't matter as much as the price to earnings multiple. the way to compare apples to apples so to speak when you're comparing apples to googles is to look at that p/e ratio on next year's numbers. what's the market paying for the future profit streams of the two companies? google selling at 15 times next year's earnings. apple selling at 13 times. when you stloe in the fact the analysts believe google will grow revenue slightly faster than apple, i'm calling that a push. all that said, if you were to put a gun to my he
on sale about a half-hour ago. cbs reporter patrick savio is outside the apple store in san francisco where the wind keeps growing. >> here is, the new apple iphone 5. you can see the gadget everyone has been waiting for. i'm here at union square apple store where about 100 people camped out overnight for the long anticipated release. this comes almost one year after the death of steve jobs >> i have the old iphone and it is outdated and it is time for an upgrade. i am a true apple girls so i will never stray from the apple brand. >> some people have reportedly been standing in line just to sell their spots and others to promote their own businesses. we can expect sales to take off all day and all week. >> coming up, the shuttle endeavor getting ready for its final trip over the bay area. we will have a live report from southern california coming right up. >> a dirty dilemma, what they're being told to avoid for health reasons. >> a,,,,,, (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to a
apple today. the stock is slightly higher after the company announced the launch of a new iphone 5. the phone has more bells and whistles than we expected. >>> and they may not be finished yet. there are rumors that tim cook may be coming back to the stage later in the convention there and maybe introducing something else. >> another product. >> maybe the mini ipad will finally be introduced at this particular event. in the meantime as the market hangs on the fed's every move, will investors get what they want after tomorrow's meeting? and what if the fed falls short? let's find out what our guests think in today's closing bell exchange panel. mark lehman of jnp securities is with us. marty wolf, m&a advisers and liesman and san till l and sant with us, as well. mark, what do you think? >> we think there's going to be quantitative easing. we don't think it's frankly a meaningful event and it certainly won't have any impact on jobs and jobs creation at this point. >> so, mark, are you a buyer in this market, regardless of the fed, if the fed acts or not? what do you think? >> we're
the break. >>> also, rare apology from the head of apple over the new iphone map app. >>> bipartisan owner at state capitol for former president capitol for former president and califo [ female announcer ] now get high speed internet at home on our newly expanded advanced digital network, a connection you can count on. introducing at&t u-verse high speed internet with more speed options, reliability and wi-fi hot spots than ever. call at&t now to get u-verse high speed internet for as little as $14.95 a month for 12 months with a one-year price guarantee. it's the fastest internet for the price. our newly expanded advanced digital network gives you more of what you enjoy online. and with at&t, our wireless gateway turns your home into a private wi-fi hot spot that connects your wi-fi devices and can even save on your smart phone data usage at home. so call now to get at&t u-verse high speed internet for just $14.95 a month for 12 months with a one-year price guarantee. that includes access on-the-go to our entire national wi-fi hot spot network, with over 30,000 hot spots. at&t u-verse hig
of apple over the new iphone map app. >>> bipartisan owner at state ca >> apple's ceo is apologizing saying he's extremely sorry for the problems with the map application on the new iphone 5. terry, i guess apple's loss is another company's gain. >> reporter: it is. this whole thing prompted that apple apology. apple replaced google maps with apple maps but the apple app is tphroupbd dering so badly some are mocking it on social media. ceo tim cook issued apology today to the millions of iphone 5 users because of apple maps. customers are complaining the problems with the map app are all over the place. fewer details, lacking public transit directions, misplaced landmarks just to name a few. tech analyst says it is a problem but not for long. >> it is a short term embarrassment. they released apps before it was fully baked and i think they did apologize for that and should have. in the end apple is going to be fine. >> reporter: he says apple maps isn't a bad app he has been using it since the iphone 5 came out and hasn't gotten lost yet. tim cook is telling customers to download map apps f
. >>> the long wait is finally over for apple fans around the world. the company launched its newest smart phone, iphone 5. people in japan were some of the first on the planet to get their hand on the deep vices. >> reporter: apple fans dent seem to mind waiting in line. >> i have been here since 7:00 tuesday. >> i updated my facebook status, i finally got the new iphone. >> reporter: their goal among the first to use a new apple product. most would agree it is always worth the wait. for apple fans the day is look new year's, out with the old in with the new. they'll replace early versions of the iphone. with the 5. the scene is playing out all day across japan and in eight other countries or regions. they call it their thinnest, lightest and fastest model. >> translator: the moment i touched it i was wowed. the design doesn't lack too different. but the graphics are amazing. >> translator: it its just so slim and light. it feels especially light. when i compare it to my iphone 4. >> reporter: the apple brand helped whip up a frenzy before the release date. company reps saying first 24 hours of
the competitiveness of u.s. manufacturers around the world. the latest iphone from apple will be revealed around 1:00 this afternoon. it's projected sales of the new phone could boost the economy. a jp morgan analyst tells reporters if americans buy roughly 8 million iphones, it could add up to a half a percentage point to gdp by the 4th quarter. more than 1 million 4s iphones sold in the first 24 hours. the new phone is getting buzz for its potential ability to connect to faster networks. we'll have more on buying and selling apple stock in chart talk. meanwhile, new questions of harsh labor charges are surfacing against apple supplier foxconn. this time, reports from a chinese media outlet accuse foxconn of using students as interns and forcing them to work for no pay. foxconn said interns do work on manufacturing lines, but are not required to do so by foxconn. the company says schools in china bring students to the factory as part of a work program. recently, audits of foxconn have received positive reviews by the fair labor association. jamie dimon is back on defense. the ceo of jp morgan cha
>> this is n.b.r. >> susie: good evening, i'm susie gharib. apple takes the wraps off a new razzle dazzle phone. is the excitement for the iphone 5 hype, or a gamechanger? >> tom: i'm tom hudson. a game changer in the defense industry, two of europe's biggest players look to join forces, just as the u.s. defense industry prepares to slim down. >> susie: the latest census numbers are in, and a record 46 million people remain below the poverty line. >> tom: that and more tonight on "n.b.r."! >> susie: thinner, faster, taller. we're talking about apple's hotly anticipated iphone 5. it was unveiled today in san francisco, and investors were impressed, juicing the shares up to $669 a share. but does the new device live up to the hype? erika miller takes a closer look at whether the new iphone will be fruitful for apple. >> reporter: this is the new device that could upset the apple cart in the smartphone industry. apple c.e.o. tim cook unveiled the iphone 5 in san francisco. and it has new features designed to fend off competition from rival android phones. >> it is an absolute jewel. i
, new troubles from black berry users. apple rolls out a new iphone 5. >> and despite bells and whistles apple users are hitting snags. >> there is a display that moves with you. >> there is a beautiful day of weather and will it carry into fall? >> are you one of the fans? hundreds did just that today. there are so many people wanting to buy it that some stores ran out. >> can i say this? it's been like grand central station here because this apple store here is still selling iphone 5. it has been an amazing day. alex camped out outside of this store wait to be one of the first to be-to-buy the iphone 5. >> i went to school and everyone is like oh, you might as well play. so it can be cool. >> ethan bought two, a his and hers. >> and that is when apple's flag ship store opened, charl qee was ready, someone hired him lut the web site task rabbit. you can bid on small jobs. >> there is people following rituals, waiting in long lines and there were complaints of imperfections and a change. iphone 5 requires a new charger which is not compatible with ipad or other iphones. >> there is going
apple. two stocks that define the stalled market. the s&p 500 tank 2.22% and the nasdaq declined .60%. apple today failed to take out its all-time high, except this all-time hey came three days ago. down $9.30. in stark contrast to the fresh high made by its plus-$700 neighbor google. fresh high, fresh high after multiple years. of course this $700 hook is just a device to capture your attention. google is worth about $245 billion. apple is worth $648 million. the actual dollar price doesn't matter as much as the price-to-earnings mobile. the way to compare apples to apples is to look at that pe ratio on next year's numbers. what's the market paying for the future profit streams of the two companies? google sells at 15 times next year's earnings. when you throw in the fact that the analysts will grow revenue slightly faster than apple, i'm calling that a push. all that said, if you were to put a gun to my head and ask me which one i like more at these prices, i would say first, put the gun down. google versus am puzzle ain't worth dying for. but i've got to tell you, it's becoming a
weighing the upbeat housing data that we got this morning. apple's stocks surged, hit $700 for a time. then fedex's lower earnings outlook may be trumping all so far today. >> in today's "closing bell," we have david pearl and steve liesman standing by. and rick santelli. brian, we're starting with you. improved signs in consumer confidence. then fedex slashes its outlook. where do you come down on those two data points? should we be worried? >> i think what they said at fedex was exactly right. the consumer is kind of looking for a value proposition. the fact that grown shipments are doing well, but people aren't spending up to get it faster to them as people buy from the internet, they get used to that delay of getting their goods. >> is their bottom line about the economy? i mean, it's cable. is it good or bad? >> i think the bottom line of the economy is it's fine. i'm still worried about the international side of the equation, but domestically i think we're doing great. >> okay. david, $700 was achieved today in apple. is that it? time to take profits? or with the iphone sales hi
of that he was mysterious. he grew up to be a trial lawyer turned apple orchardist. part of the madening sibling thing was understanding the control freak nature that my brother had. for example, every year he would send me a box of fruit. the fruit he grew in his gorgeous orchards in washington state. the fruit came with the carl tax where you would get 25 telephone calls before the fruit came, such as, fruit is coming next week, are you going to be home? this is said in a texas accent. i would say i don't know. he said you have to be there because they are my pears and precious and have to put them in the refrigerator the minute you come in. i learned to say okay. then the fruit would come and it would be wrapped like a bomb or something, each fruit, each pear. these gorgeous asian pears had sty row foam socks wrapped around them. after the fruit came you'd get a series of phone calls, can i demand a refund from the ups man, are you sure, can you write down what time it came? >> you have been carrying around this story all your life, what happened, why turn it into a book? >> it was a
reports on why camden, new jersey, is making this dramatic move. a bumper crop of bad apples, thanks to fickle weather. manuel bojorquez talks to orchard owners counting up their losses. and new meaning to the phrase "a dog's life." michelle miller takes us inside a new luxury pet hotel. captioning sponsored by cbs this is the "cbs evening news." >> reid: good evening. i'm chip reid. of the 38 days remaining until election day, the most important of all may be this coming wednesday when president obama and mitt romney meet in denver for the first of three debates. the stakes are sky high, especially for mr. romney. running mate paul ryan made the case for a mitt romney presidency today in the toss-up state of new hampshire. >> we have got to stop spending money we don't have. >> reporter: vice president joe biden campaigned in battled ground florida, where he argued that the obama administration inherited trillion-dollar deficits from the bush administration. >> they put two wars on a credit card, not paying a penny, not paying a penny. >> reid: meanwhile be president obama and mitt
on steroids plus put a -- plus, how apple's new iphone may be proving how bad our economy is doing right now repellent unit for under $20. save 40% on big horn waterproof hunting boots. and now get these great deals everywhere with one price shopping. just call, click or come in. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. >> cheryl: two big victories for the food police this week. mcdonald's announcing it will be posting calorie counts on all of its menus nationwide, that starts o
on steroids plus put a -- plus, how apple's new iphone may be proving how bad our [ mujahid ] there was a little bit of trepidation, not quite knowing what the next phase was going to be, you know, because you been, you know, this is what you had been doing. you know, working, working, working, working, working, working. and now you're talking about, well you know, i won't be, and i get the chance to spend more time with my wife and my kids. it's my world. that's my world. ♪ so let's talk about coverage. based on this chart, who would you choose ? wow. you guys take a minute. zon, hands down. i'm going to show you guys another chart. pretty obvious. i don't think color matters. pretty obvious. what'sretty obvious about it ? that verizon has the coverage. verin. verizon. we're going to go to another chart. it doesn't really matter how you present it. it doesn't matter how you present it. verizon. more 4g lte coverage than all other networks combined. >> cheryl: two big victories for the food police this week. mcdonald's announcing it will be posting calorie counts on all of
Search Results 0 to 49 of about 3,160 (some duplicates have been removed)